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Help needed in OANDA + users from Malaysia 105 replies

Malaysia

Another new comer! nice meeting you brothers n sisters of Malaysia trading this insanely addictive craziest market! XD
HI to all Forex Factory members!

I am a residential of Malaysia. I did my studies for forex mostly with babypips.com. i been having a demo account for 3 month now. but now im having problems to send usd to my ibfx mini account..

i tried to sent with maybank2u TT.. but i dont really know how to..

1st the purpose of TT..
2nd the ID/passport number of the benificial..
and 3rd the fed wire number..

the ibfx only provide the ABA # and Swift #..

I only manage to get to step 3 out of 5 step to complete the maybank2u TT..
and i don't really know if i really do the right choice to acknowledge my purpose for the TT in step 1 which is to fund my investment with non resident offshore.. if im not mistaken.. it is the right option with the current issued of BNM not allowed any resident of malaysia to trade in forex nowadays..

I really in need of your help to set up my forex account.. and if anyone here have been trading with ibfx for some time care to share experience with me are welcome to give your feed back as well..

Thank You n Happy Trading to all..
Quoting azumiruu
HI to all Forex Factory members!

I am a residential of Malaysia. I did my studies for forex mostly with babypips.com. i been having a demo account for 3 month now. but now im having problems to send usd to my ibfx mini account..

i tried to sent with maybank2u TT.. but i dont really know how to..

1st the purpose of TT..
2nd the ID/passport number of the benificial..
and 3rd the fed wire number..

the ibfx only provide the ABA # and Swift #..

I only manage to get to step 3 out of 5 step to complete the maybank2u TT..
and i don't really...
Go to Foreign Telegrafic Transfer..get the details of the interbank bank acc which was sent to you upon approval of ur acc...tq
Quoting Satni
Rsi...hehe what is so difficult about RSI?
did i say difficult?eheheh...

for a person to have discussion about rsi, must it be difficult or can it be wanting to discuss other tested methods of trading using rsi?

u do know there are many ways to trade using rsi rite?

thus, the need to discuss...

are u using rsi as well for u to give that comment? maybe u r already a pro with it...care to share?
Quoting joemilly
Go to Foreign Telegrafic Transfer..get the details of the interbank bank acc which was sent to you upon approval of ur acc...tq
the ibfx only provide the ABA #, Swift #, and their Bank Account #..

and i had been to the Foreign Telegrafic Transfer with maybank2u..
but i dont know how to get the following done..

1st the purpose of TT..
2nd the ID/passport number of the benificial..
and 3rd the fedwire number..

would you help me..
if gila how to learn...
Quote
(Sat; 9-Jan-2010);
Section StarBizWeek; page9;


"Players ask Government to liberalise forex trading"
...

Source: http://biz.thestar.com.my/news/story...1&sec=business
Quoting Jey
Guys, don’t kid yourself. Forex trading is NOT allowed in Malaysia whether you trade your own account or not. Go to the BNM website and look at the FAQ which they came up recently. http://www.bnm.gov.my/microsites/fxa...aqs.htm#04_q01

• Who can I buy and sell foreign currency with in Malaysia?
You can buy or sell foreign currency only with authorised dealers and those entities permitted by Bank Negara Malaysia as stipulated under section 4 of the Exchange Control Act 1953.
Authorised dealers are licensed commercial banks and...
Since I presume you are a fx trader too, how you overcome getting your profits back to Malaysia?
Good Morning Malaysia...happy trading...
Quoting microsuck_36
Good Morning Malaysia...happy trading...
Wow, so early.. Gud morning.. =)
Quoting surFXprime
Source: http://biz.thestar.com.my/news/story...1&sec=business
Looks like our fellow mates had made a move.. =)
refer thread http://www.forexfactory.com/showthre...=214133&page=5

for forex legality issue
Quoting EdgarNg
refer thread http://www.forexfactory.com/showthre...=214133&page=5

for forex legality issue

Thx, that explains all..
let see if EU bounce from 38.2% fibonnaci level..
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Quoting Volatile369
Looks like our fellow mates had made a move.. =)
Way to go!! whoever that is.

I'm still a newbie to forex and to this site. On demo, and hopefully the government will give decide fairly on this matter soon.

If they want to liberalise, they should refer to other countries, such as our nearest but far more developed neighbour.

They shouldn't dengki, just because smart people makes money honestly or some stupid people lost money to scams.

Wake up!!! Where has the Malaysia Boleh gone to???
Quoting gilos
did i say difficult?eheheh...

for a person to have discussion about rsi, must it be difficult or can it be wanting to discuss other tested methods of trading using rsi?

u do know there are many ways to trade using rsi rite?

thus, the need to discuss...

are u using rsi as well for u to give that comment? maybe u r already a pro with it...care to share?
ok no problem bro..

RSI stand for Relative Strength Index. But the name is a misnomer.
New user may thought about strength of the movement, which is not
really the intention of the WWilder, the developer.

The default RSI setting on Mt4 is 14 period. And the main purpose for
using RSI is to identify Divergence, this is what the Main intention of its developer of RSI, WWilders, wanted to use it for. But RSI can also be use to
high and low pressure of the instruments use you are monitoring, stock, currency, oil and gold. etc

But new development on RSI setting varies, You may want to try to change the setting period to 9 period. I find its quite interesting.
Good Morning Malaysia...happy trading

ps: come on gj...
Gbp vs Jpy (1H) - At this moment, I'm looking forward for a breakout to the lower yellow trendlines to bolster towards the bearish continuation trend to perform subwave 3 in white. Otherwise, please be careful for any breakout towatds the pivot critical line.

Aud vs Usd (Daily) - I believed market will perform a major bearish reversal trend scenario to complete major corrective wave C in 5 bearish wave structures. Otherwise, please be careful for another bullish rally perhaps to perform a "bullish trap" scenario for corrective wave B in magenta.

Aud vs Cad (Daily) - Preferably, I'm looking forwards for a major bearish reversal trend scenario either in yellow or white (triple top) to perform major corrective wave in C. Please be careful for any breakout towards the yellow critical line.

Usd vs Cad (Daily) - I believed market will start to perform a major bullish reversal trend to complete major corrective wave C in 5 bullish wave structures. But please be careful for any bearish retracement trend scenario to perform subwave 2 later.

Summary - Please make your own trading plan and try to wait and find for any possible "Sell Top" or "Buy Bottom" entry from BSTS later. Good luck.
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Quoting Satni
But new development on RSI setting varies, You may want to try to change the setting period to 9 period. I find its quite interesting.
i'm actually interested more with Andrew Cardwell interpretation of rsi bcoz it can determine the trend better than wilder's...and for me, default setting 14 is ok oredi... but that is open to discussion...that's why i asked for guys in Malaysia who use rsi...if there is any here...

annyway, thanx for ur post...
Quoting gilos
i'm actually interested more with Andrew Cardwell interpretation of rsi bcoz it can determine the trend better than wilder's...and for me, default setting 14 is ok oredi... but that is open to discussion...that's why i asked for guys in Malaysia who use rsi...if there is any here...

annyway, thanx for ur post...
nothing special about RSI..that is what I can say...RSI is only good if you use daily chart to see the RSI to know either the trend is up or down and you find the entries in smaller timeframe such as less than H1...
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